01:22:06asciilifeform:'The new, thicker copper layer did resolve the heat build up from the current flow. Temp has been reduced by 20C with the new boards.' (from jborkl, quoting bfl co. lamenting its troubles.)

01:22:21asciilifeform:^ what happens to folks who refuse to do arithmetic before going into production

01:44:32BingoBoingo:asciilifeform: Some people instead of just doing IRC get a small car instead?

01:44:55asciilifeform:afaik, these 'robots' were originally intended for 'micromanagement' types to roll around a factory floor, pointing remote-controlled laser pointer at lazy monkeys, mouthing obscenities through speaker

03:21:06asciilifeform:but this isn't particularly interesting. the interesting part is that everything people speak of as 'inseekoore!' re: cellular comms, was baked in very deliberately - and publicly - at the start.

03:29:23asciilifeform:before the telco 'network extender' gizmos were sold (incidentally, a scam - the telco still charges for minutes despite using the chump's own local wired bandwidth!) mitm-ing was demonstrated using 'software defined radio' (inexpensive board, does exactly what is printed on the crate)

04:44:45mircea_popescu:"The problem here is not the diagnosis, which I share, nor the proposed solutions, which are proper and potent to repel the growing democratic sickness that chokes human creation. Bitcoin provides us a critical escape from forced trust in unaccountable monopolies. However, trust in transactions, per se, should not be the object of ire and in fact cannot be if we want to participate in beneficial ways. Distributed ledg

04:44:46mircea_popescu:ers obviate the need for trust in the money changers, but humans are still trust-seeking and Bitcoin is still money and money is still trust. In a post-Bitcoin world, trust will become more important than ever."

05:59:18assbot:Bitcoin Is Great, But It Won’t Fix Our Monkey Brains | The mlaut

06:01:42decimation:"Trying to supplant our nature with technology is a losing prospect that gets it completely backwards." << what's amusing is that much of the ruling ideology of the USG is exactly this

06:02:18decimation:nearly every gov't department wants to find ways of removing actual human accountability for problems while finding a way to produce government ex machina

10:36:43diana_coman:are the logs of this channel available as a dump (I know about http://log.bitcoin-assets.com/ but it seems to give them only day by day, while I wanted to play around with a bigger sample)

13:49:42mircea_popescu:decimation: waiting around and doing nothing while you hope a magic "process" or "committee" or "standarization" will do your job constitutes at least 50% of western officeworker employment << the best part is that this used to actually work, a century or so ago.

13:51:42mircea_popescu:blackwhite the reason you can't say anything is that you';re not in assbot's l2 wot. have you been reading the logs or just idling idly ?

13:52:35mircea_popescu:davout what's the backstory on "At the onset of the InstaWallet fiasco, all three URLs didn't have a bitcoin wallet associated with the generated pages. It wasn't till after I brought it to Boussac's attention that the lesser bitcoin-containing wallet was well-document that it mysterious had the associated wallet address visible on the URL generated site. This is why they refuse to release the name of the forensics aud

13:52:35mircea_popescu:itor(s) because there wasn't one (or more, according to Boussac), in spite of them saying they couldn't because of some fuckin' idiotic NDA clause." ?

13:52:36blackwhite:I have just been busy so primarily just reading once in a while. Was more involved earlier.

13:57:43mircea_popescu:in other news, "Following massive rainfalls in Misiones, Argentina, and Santa Catarina and Paran?, Brazil, the famous Iguaz? Falls are now overflowing, carrying 46,300 cubic meters per second?33 times the usual water flow rate."

14:02:43mircea_popescu:so did you say this to him ? did you get any sort of response ?

14:03:42fluffypony:mircea_popescu: he gets asked to prove he deposited 1100+ BTC into Instawallet, providing a transaction ID or a signed BTC addy that sent it or ANYTHING, and he just ignores those requests or talks around them

14:05:36davout:so i went there and used tracked all the addresses linked in any way to the unique IW cold storage address

14:05:51fluffypony:mircea_popescu: sure, BUT if he EVER sent money from Instawallet to someone (say as payment for something) and message'd or email'd them the transaction ID he'd have that, he'd have SOMETHING that could be used

14:06:00mircea_popescu:davout so he does not make a specific claim to either address or transaction, he makes a specific claim as to balance and to url which can't be verified, is the thing ?

14:18:28mircea_popescu:"Ideally, I prefer to have the entire 1,132 BTC, sans the 400 BTC bounty amount, paid in full to me, but knowing that sometimes arbitration takes place, I'm willing to settle for a minimal amount, with anybody acting as liaison to broker their reward up to 100% of what I may finally recognize. The minimum I'm welling to settle for is $50K USD via BTC or fiat to compensate for my initial investment and the mega hours I

14:18:28mircea_popescu:have put into this fiasco, not to mention the stress."

14:18:42mircea_popescu:wait so the bounty is out of lol wtf how does this work

14:28:23mircea_popescu:I don't understand why phinnaeus would pay 400BTC for 50K$, but I can write the agreement with him and make the deal : Davout will send to trusted escrow 50K$ (in dollard or BTC) Phinnaeus will send to escrow 400 BTC when escrow have both, he will send me 400 BTC and send Phinnaeus is 50K$. I will then send 300 BTC to Davout. We will all waive the right to terminate this agreement and to all actions regarding the insta

14:39:59mircea_popescu:"I got swept up in the mania last November and dared to invest my life saving into purchasing 1 bitcoin, just as it was near peak. That turned out to be a terrible purchase for me"

14:43:55mircea_popescu:well because they're pretty irrelevant by now, so you wouldn't normally know.

14:44:20mircea_popescu:but yeah, originally it was all "o, how the bitcoiners don't understand basic socialism as canon accepted by everyone"

14:44:34mircea_popescu:then it was "o the press in its quest for bullshit is betraying the holy canon of socialism"

14:45:00mircea_popescu:by now it's sunk into the depths of pathetic : trying to get a thread going, which gets 6 pages out of which 2/3 is their kindling

14:45:53mircea_popescu:i mean any half-literate scammer in sierra-leone can get a good flamewar raging for 500 pages in two weeks, the self appointed cream of teh internets slash intellectual core of progressivism can't even get to 12 ?!

15:50:10assbot:kinoshitajona comments on [Serious] I couldn't answer this question when discussing Bitcoin with my Dad: Isn't it sometimes beneficial to allow governments to stabilise their currency if there is uncontrollable inflation/deflation due to unavoidable events? Wouldn't a global currency cause poorer countries to be left behind?

17:11:37mircea_popescu:Ok so here's a story : BitBet curently has 19 World Cup bets open. The average bet on these is .175 (excluding house and mpif), like so .79, .44, 0, .21, .60, .10, .54, .03, 0, 0, .01, 0, .05, .28, .01, .04, 0, .11, .11. Now, on top of these, there's no less than 30 bets pending approval on WC, pretty much "X country will advance from groups".

17:12:06mircea_popescu:obviously mods wanted to consult. now, in the spirit of being in argentina and these people loving the wc, i ok'd the whole bulk

17:12:42mircea_popescu:but, let me point out, this is pretty horrible business for bitbet, per se. and obviously, i'll be using this data to inform further decisions on what to accept.

17:13:20mircea_popescu:so logically a) if you wonder later why your zeroconf sports bet got rejected by mods, the reason ios probably here and b) if you want to see sport bets on bitbet, this is a bad time to sit and watch and a great time to get involved.

19:19:15TomServo:It should be noted that the FBI has a lot of bitcoins to sell. In addition to drug-tainted Silk Road coins, the FBI has a much bigger stash: an estimate from Casey Research puts the figure between 5% and 10% of all bitcoins in circulation.

19:19:34TomServo:^ First I've heard of that, is this common knowledge?

19:50:43mircea_popescu:im going to make sure and raise this objection to the us supreme court's competence in any case before it, that it is unqualified to sit as a court because it scams with its published decisions.

20:05:40BingoBoingo:Approving the Billy Hamilton bet was a mistake. There's no attractive reason to go in on yes, even as a longshot. He's fast whis is exciting, but fast doesn't win any "of the year" awards.

20:05:55asciilifeform:this, one should note, is when they're 'flying the mahogany bomber.' in the field, these folks have ancient hardware that does something like civilized crypto

20:16:49davout:pankkake: granted i get access to some additionnal derpage in the form of access to the "staff" section

20:17:29davout:(also donators, where goat made some splendid display of butthurt)

20:17:42fluffypony:BingoBoingo: I saw a great baseball play a few days ago - huge hit into outfield, outfielder duffs the catch (bounces off his glove), has this brief moment of confusion before running after it and lobbing it all the way back to home base, and the batter is run out. Now I can't find it. Jog any memories?

21:37:04gribble:Bitstamp | A market order to sell 29501 bitcoins right now would net 9166242.2850 USD and would take the last price down to 1.4500 USD, resulting in an average price of 310.7095 USD/BTC. | Data vintage: 26.0473 seconds

21:37:23gribble:Bitstamp | This order would exceed the size of the order book. You would buy 18158.097 bitcoins, for a total of 19094927.9273 USD and take the price to 99999.9900. | Data vintage: 45.2129 seconds

21:39:49mircea_popescu:"The USMS will not transfer bitcoins to an obscene public address, a public address apparently in a country restricted by the Office of Foreign Assets Control (OFAC), a public address apparently associated with terrorism, other criminal activities, or otherwise hostile to the United States."

21:40:04mircea_popescu:someone warned them about BingoBoingo buying it

22:22:35mircea_popescu:The house is listed for sale at $444,900 through Fast Track Real Estate Co. of Waldwick, N.J. Built in 1950, the 1,830 square-foot house has four bedrooms, one and a half bathrooms, a recently-updated kitchen, a garage and an unfinished basement.

22:22:54mircea_popescu:ill be damned if i pay half a million paperthings for something with "one and a half" bathrooms

22:23:20mike_c:no no, you just pay $10k and live a life of indentured servitude to the bank.

22:23:41Azelphur:I'm just imagining a bathroom with a half-cylinder toilet and 50% of a shower

22:24:01mike_c:is this not a thing outside US? half-bath means no shower.

22:30:51mircea_popescu:"come live in this shitty house that's overpriced instead of underpriced as it should be, because you pay less-than-class for out-of-class items, always. just so you can imagine your kids get better education"

22:31:22mircea_popescu:if people used the noggin, a 10k house in a neighbourhood with 30k average houses would sell for 9 not for 11

22:31:31mircea_popescu:it can be 11 when it's in the 3k average neighbourhood

23:31:21TheNewDeal:I've not talked about Bitfinex since this isn't a sales pitch for them. I've not talked about how they offer leveraged margin trade as well as normal exchange. Nor have I talked about the p2p lending platform where people who don't want to trade can earn swap interest on USD or BTC balance. I've also not mentioned the 5 order types they have: limit

23:31:21TheNewDeal:, market, stop, trailing stop, fill or kill; nor about the OCO orders or hidden orders. Bitfinex is truly way ahead of the curve.